Funding you earn now, next payment 09:00 UTC+0.0385%/8h= +42.1% APRpaid last 24h +0.043%
Price spread now: Variational Omni against Injective−6.702%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding pays, the price is against you. Variational Omni is 6.702% cheaper against Injective than usual: you would sell low and buy high (spread −6.702% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$670 on $10k: about 58 days of funding at the current rate (+$12 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective NVO/USDC PERP | 42.250 | 0.0033 | pay 0.0004% / 1h | 47m 01s | $2K | $4 | 12x |
| Short | Variational Omni NVO | 39.418 | 0.0418 | get 0.0418% / 8h | 7h 47m | $64K | $42K | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Injective. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $80.82
- Price spread: −6.702% → 0.000%
- −$670.18
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$589.38
- Costs to cover
- 0.000%
- Break-even
- 58.0 days
Slippage unknown: Injective: no order-book sample; Variational Omni: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Injective no order-book sample | — | — | — | — | — |
| Sell Variational Omni no order-book sample | — | — | — | — | — |
Injective and Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
NVO on 11 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX NVO-USD | 0.0000% | 1h | 39.370 | −6.817% | $1.1M | $1.6M | 10x | as long as short |
| Aster NVOUSDT | 0.0000% | 8h | 39.428 | −6.679% | $3K | $7K | 20x | as long as short |
| Bybit NVOUSDT | 0.0000% | 8h | 39.450 | −6.627% | $721K | $380K | 25x | as long as short |
| Gate NVO_USDT | 0.0000% | 8h | 39.450 | −6.627% | $848K | $757K | 20x | as long as short |
| SunX NVO-USDT | 0.0000% | 8h | 39.440 | −6.651% | $1K | $940K | 10x | as long as short |
| HTX NVO-USDT | 0.0000% | 8h | 39.460 | −6.604% | $10K | $16K | 10x | as long as short |
| Injective NVO/USDC PERPlong | +0.0033% | 1h | 42.250 | long leg | $2K | $4 | 12x | |
| KuCoin NVOUSDTM | +0.0100% | 8h | 39.400 | −6.746% | $111K | $273K | 10x | as long as short |
| Variational Omni NVOshort | +0.0418% | 8h | 39.418 | −6.702% | $64K | $42K | — | |
| Binance NVOUSDT | +0.0442% | 8h | 39.420 | −6.698% | $2.1M | $3.8M | 20x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT NVO_USDT_Perp | +0.1171% | 8h | 39.420 | −6.698% | $237 | $214K | 10x | as long as short |
Injective NVO/USDC PERP
Variational Omni NVO
Aster NVOUSDT
Bybit NVOUSDT
Gate NVO_USDT
SunX NVO-USDT
HTX NVO-USDT
KuCoin NVOUSDTM
Binance NVOUSDT
GRVT NVO_USDT_Perp